ISDS Case Map
Tanzania
Orca announced three arbitrations at the CSID: one under the Mauritius–Tanzania Bilateral Investment Treaty, and two under the PSA and GA. The claims-valued at roughly US$1.2 billion-allege Tanzania failed to extend the development licence, prolonged the “Protected Gas” regime beyond its contractual term.
Tanzania will have to defend allegations that it is trying to force a foreign energy company out of a USD 1.2 billion gas production project.
The two countries are only now starting to deepen their bilateral relations, with more targeted initiatives in the pipeline and will be announced in due course. A major gap remains in trade and capital cooperation, as per the Tanzanian president. However, both counterparts have agreed to take joint measures to bridge this gap.
Indiana Resources (ASX:IDA) has taken formal steps in response to Tanzania's breach of its July 2024 settlement deed.
The figure represents 82.5% of the original US$109m awarded by the International Centre for Settlement of Investment Disputes.
Montero confirms that US$7,000,000 in cash have been received by the Company from Tanzania, which is expected to put an end to the dispute in connection with Tanzania's expropriation of Montero's Wigu Hill rare earth element project.
Tanzania and British developer Pennyroyal Limited could find themselves back to the International Centre for Settlement of Investment Disputes (ICSID) after talks between the two parties failed to yield an agreement.
Montero has agreed to a US$27,000,000 settlement amount to end its dispute with the United Republic of Tanzania
Indiana Resources Limited (ASX: IDA) is pleased to confirm that US$25million in funds have been received by the Claimants’ legal representatives from the United
Republic of Tanzania as the second instalment of the US$90 million Settlement
In its claim, Aqua Power is demanding $500 million for lost business revenue over the past four years and for the value of its current projects within Tanzania.
